At the end of an often-heated meeting at Melbourne's Sofitel Hotel, hundreds of investors agreed that Timbercorp Securities Limited (TSL), the responsible entity, be liquidated.

The resolution was supported by KordaMentha and representatives of the growers on the creditors committee.

However, the two parties are heading for a fight in the Supreme Court on July 15, when KordaMentha will try to have seven almond and seven olive schemes wound up.

The growers, through Clarendon Lawyers, have raised $150,000 for a fighting fund to keep the schemes alive under the auspices of another responsible entity.

Clarendon Lawyers' Chris Garnaut said after the meeting that he was comfortable with the outcome, which leaves KordaMentha in effective control of TSL.

"From our point of view, we're very comfortable dealing with KordaMentha as liquidators, rather than KordaMentha as administrators," Mr Garnaut said.

"It will have no effect on the court case. It's business as usual for the fight to have temporary responsible entities appointed.

"There have been a lot of growers who have been upset today with poor communication from KordaMentha. The communication has been very, very poor."

Investors in three Timbercorp mango and avocado projects last week sacked KordaMentha as the administrator and appointed Huntley Management as the responsible entity for the schemes, which involved 642 investors and $34 million in investment.

A procession of growers stepped up to microphones last night to interrogate Mark Korda over whether the administrators were doing enough to keep the managed investment schemes alive and to recoup money for growers.

They also accused the administrator of failing to communicate with growers.

Arnold Bloch Leibler lawyer Leon Zwier was also the target of angry questioning by growers, who wanted to know whether they technically owned their trees, and whether they could remove Timbercorp as the manager of their plantations and open talks with prospective new managers.